Supreme Court of India
Sarup Singh @ Ram Sarup v. Hdfc Ergo General Insurance Company Ltd. and Ors.
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
What the Court ordered
In view of the above and for the reasons stated above, the present appeals are allowed in part.
Judgment, page 4
From the headnote
Motor Vehicles Act, 1988: Compensation – Fatal accide nt – Tribunal considered notional income of the deceased at Rs.10,000 per month and awarded compensation of Rs.20.64 lacs – High Court reduced compensation to Rs.11.34 lacs by considerin g notional income of Rs.6500 per month – High Court also reduce d rate of interest from 9% to 6% p.a. – Appeal by claimants against re duction of compensation – Held: The amount awarded by the igh Court can be said to be on lower side – While awarding th e loss of dependency, the High Court did not award/consider t he future prospects at all – Considering
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